Best Apps for Cryptocurrency Investment for Beginners in India
- 1 What are cryptocurrency exchange platforms?
- 2 Best Apps for Cryptocurrency Investment for Beginners
- 2.1 Krypto
- 2.2 WazirX
- 2.3 CoinDCX
- 2.4 CoinSwitch Kuber
- 2.5 Unocoin
- 2.5.1 Conclusion
As the technology is upgrading, new platforms and startups are also evolving. As RBI removed the ban, investment in Cryptocurrency became legal in India. This news opens market opportunities for crypto exchange platforms or startups.
Cryptocurrency has been gaining momentum in recent years, and the demand for a cryptocurrency exchange app is at an all-time high. The good news is that there are plenty of options to choose from. In this article, we’ll break down what you should look for when evaluating cryptocurrency exchange apps, as well as how to find the right one for you and your needs.
Days are gone when cryptocurrency investment is a very complex process. Now, there are plenty of amazing platforms available for crypto trading. If you are a beginner and looking for a user-friendly & secure platform then here are the handpicked best crypto exchange platforms.
What are cryptocurrency exchange platforms?
Cryptocurrency exchanges are platforms where you can buy and sell cryptocurrencies. You can trade with other users or trade with the exchange directly, typically by placing your cryptocurrency in a wallet on the exchange.
With the help of crypto exchange apps, you can buy and sell cryptocurrencies from the comforts of your smartphone and only need wifi or data connection. Some of the apps also let you pay money through your crypto wallet which we discussed below.
These crypto exchange platforms let you trade easily & securely. So that you can invest in cryptocurrency confidently. Also, they have a dedicated team to answer your all queries related to crypto transactions.
Best Apps for Cryptocurrency Investment for Beginners
Krypto is an exclusive app for crypto exchange. The app is user-friendly & secure to do any transaction. Krypto was founded in 2019 and tills now has 300k+ users and it’s growing exponentially.
But what makes it top of the list? Apart from buying & selling, Krypto has pay & send features which makes it unique from other apps. With the help of the Krypto pay feature, you can pay to any UPI address by just scanning from the app and money will be deducted from your Krypto balance. Krypto also offers daily reward gift cards by which you can win up to 0.02 BTC for free.
Also, you send any cryptocurrency anywhere in the world in just a few minutes with help of its Krypto send feature. The customer support team of this app is very impressive by providing 24*7 chat support. No matter if you are a beginner or pro, the app has a separate feature to choose beginner or pro mode as per your convenience. Krypto App is available on both Android & iOS app stores.
Wazirx is one of the popular crypto exchange platforms. WazirX was founded in 2017 and has 5,000,000+ users. The platform is built by a team of hardcore traders and passionate blockchain believers.
WazirX offers you to Buy, Sell & Trade digital assets with ease. If you are a Binance user then you can easily transfer your balance to WazirX. Just like Bitcoin and other cryptocurrencies, WazirX has its asset called WRX token.
To start your first investment, you need at least Rs.100 only. It has a charging fee of 0.2 percent applicable on the taker and maker. WazirX offers a seamless and powerful trading experience across all platforms on Web, Android & iOS mobile, Windows, and Mac apps.
CoinDCX is another popular name in the crypto exchange platform. CoinDCX was founded in 2017 and established a good reputation till now. You can start your first trade with just Rs.10 only.
Till now, they have more than 4 million app users. On this platform, all funds are insured by BitGo to give you complete safety. Also, they have a telegram community where you explore more about the crypto world.
Apart from trading, they have plenty of educational resources under their learn section of the website. For better support, they also provide 24*7 customer support. You can download the CoinDCX android & iOS app both.
CoinSwitch Kuber is one of the most funded crypto exchange startups. It is recently featured during IPL matches. It was founded in 2020 and acquired a good user base till now.
CoinSwitch platform is easy to transact any crypto transaction. You need at least Rs.100 to start your crypto trade on this platform. The best part of this platform is that you can buy and sell cryptocurrencies with zero fees. The app is easy to use and available on both Android & IOS platforms.
In order to start your first trade on CoinSwith Kuber, you must need to do your KYC. The KYC process is easy and takes around 5 mins to complete. If you want to read more about the crypto world, you can also check out the blog section for amazing blogs.
Unocoin is a platform that is known for its simple user interface. They have a trading API that lets you develop a secure, programmatic trading bot. Unocoin lets you trade on various cryptocurrencies.
The app also lets you track real-time market data for profitable trading. On its official, you can calculate the bitcoin or other cryptocurrencies price. When it comes to transaction fees then Unocoin charges 0.5-0.7% per transaction.
Unocoin also publishes articles/blogs related to cryptocurrencies & the blockchain world. They have also a referral program by which you can earn some cryptocurrencies by just sharing their app. Unocoin app is available on both Android & iOS platforms.
To be honest, there are various crypto exchange platforms available on the internet. Each day they all are adding more features & making the crypto trade process smooth. The best Crypto exchange platform must be user-friendly & secure.
All platforms mentioned above are trusted & secure to transact any cryptocurrencies. From a user perspective, a great platform also needs to provide great customer support. Whenever any stucked, they can get help from the crypto exchange company’s team.
Apart from crypto trading, You can check out the Krypto app which lets you pay to any UPI with your crypto wallet. This feature makes it cool & unique from other crypto exchange apps. Also, you can trade with a 0% trading fee.
I would suggest starting investing with a low amount. To try to learn more about this industry and increase your portfolio size accordingly. I hope you will get value from this blog. Please share it with your friends & families, So that they can start investing in cryptocurrencies early. Please let us know if you have any questions. I would love to answer asap.